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Nov 30, 2012
11/12
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CNBC
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as much as yum is based in the u.s. and owns iconic brands like pizza hut and taco bell, under its roof as well as kfc, china makes up 44% of the china's sales. we should think of yum as a chinese dog with an american tail. does this mean that china which has been showing signs of life is back sliding and all the big expansionist data we've been getting is a false tale? i'm putting it on the line for you tonight. absolutely not. too many good things happening in china. bank reserve injections have really stimulated industrial growth. i think china is going like this. as far as american companies linked with china, it's been a real mixed picture lately. nike has had a very nice run in the united states. but china's been a big disappointment, including concerns over too much inventory. coach is expanding rather rapidly in china. the latest weakness came from the united states, not china. starbucks. i think china is a growth story there frankly. the high quality problem of lines that are too long. i think we'll hear amazin
as much as yum is based in the u.s. and owns iconic brands like pizza hut and taco bell, under its roof as well as kfc, china makes up 44% of the china's sales. we should think of yum as a chinese dog with an american tail. does this mean that china which has been showing signs of life is back sliding and all the big expansionist data we've been getting is a false tale? i'm putting it on the line for you tonight. absolutely not. too many good things happening in china. bank reserve injections...
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party private equity advisor william janeway is here to explain why bubbles are sometimes good plus u.s. corporate profits hit a record high in the third quarter according to the bureau of economic analysis with these profits why are we seeing more business investment to fuel innovation will discuss and we hear about sovereign credit downgrade and warnings of those downgrades all the time in the wake of the debt crisis and austerity in europe but now extravagance and luxury are on the line the ratings agency moody's has reportedly put carmaker aston martin on review for a debt downgrade we'll discuss let's get to today's capital account. bubbles are often thought of mental to an economy as health needless to say but what if in reality of progress cannot happen without bubbles and with the u.s. economy still muddling along since the two thousand and eight crisis with the low level of i.p.o. volume since the dot com bubble burst low business investment low were record budget deficits from the government and high unemployment do we actually need a bubble not a case i would make but a very
party private equity advisor william janeway is here to explain why bubbles are sometimes good plus u.s. corporate profits hit a record high in the third quarter according to the bureau of economic analysis with these profits why are we seeing more business investment to fuel innovation will discuss and we hear about sovereign credit downgrade and warnings of those downgrades all the time in the wake of the debt crisis and austerity in europe but now extravagance and luxury are on the line the...
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Nov 30, 2012
11/12
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FBC
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industry grew 6% compared to the 2.9% shrinkage in overall u.s. private sector jobs but going over the fiscal cliff could very well derails this massive growth engine and stahl research of potential life-saving drugs. i sat down with two of the top mined in the country, mike milliken of the milken institute and dr. francis collins, director of the national institutes of health and asked how damaging a hit this industry would take if we don't get our fiscal house in order. >> the office of management and budget estimates that would lose $2.5 billion of research money on january 2nd. of we go over the cliff that is a.2% of our budget. with investigators who come was with their best ideas already having only one chance in six of getting funded could eat get even worse. and i would fear at that point that young scientist may give up the opportunity to do this or move to a country where they are better supported. the stakes are very high for medical research in the next few weeks. >> i think this is an important issue for the american people. we made s
industry grew 6% compared to the 2.9% shrinkage in overall u.s. private sector jobs but going over the fiscal cliff could very well derails this massive growth engine and stahl research of potential life-saving drugs. i sat down with two of the top mined in the country, mike milliken of the milken institute and dr. francis collins, director of the national institutes of health and asked how damaging a hit this industry would take if we don't get our fiscal house in order. >> the office of...
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Nov 30, 2012
11/12
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CNBC
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a french minister says the u.s. is franchising industry. [ male announcer ] trading's like a high-speed train. and you don't want to miss it with thinkorswim by td ameritrade. you get knock-your-socks-off tools, simple one-click orders, real-time paper trading to hone your skills, plus anytime you need it support. ♪ stocks, options, futures, and forex. get your trading on track. thinkorswim by td ameritrade. trade commission free for 60 days, plus get up to $600 when you open an account. plus get up to $600 if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us
a french minister says the u.s. is franchising industry. [ male announcer ] trading's like a high-speed train. and you don't want to miss it with thinkorswim by td ameritrade. you get knock-your-socks-off tools, simple one-click orders, real-time paper trading to hone your skills, plus anytime you need it support. ♪ stocks, options, futures, and forex. get your trading on track. thinkorswim by td ameritrade. trade commission free for 60 days, plus get up to $600 when you open an account. plus...
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buttons on supersize fries only screams and donuts will now be rolled out across the u.s. still ting in the big apple. new york to regulate other high fat and high calorie foods within a year restrictions it will go build as other governments follow suit states that even looking into the big one a flat tax research finds eighteen percent taxes on pizza and soda drinks people five pounds a year tracy folks help create nutrition standards at the u.s. department of agriculture those types of taxes expression if they're like you said about the twenty percent range between ten and twenty percent can have an impact and they do cause people to purchase and can. less of the item that's being taxed for example sugar sweetened beverages or sodas shamed by films showing the secure fix of their food junk produces an elder rushing to rebrand a so-called low fun and diet well here's the secret about so-called diet food and it's actually hilarious it's called that because most diet food contains what's known as aspartame or similar name or sucralose and it's been found in numerous studie
buttons on supersize fries only screams and donuts will now be rolled out across the u.s. still ting in the big apple. new york to regulate other high fat and high calorie foods within a year restrictions it will go build as other governments follow suit states that even looking into the big one a flat tax research finds eighteen percent taxes on pizza and soda drinks people five pounds a year tracy folks help create nutrition standards at the u.s. department of agriculture those types of taxes...
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what has changed has been the continual failure of the u.s. controlled so-called peace process to lead to any kind of end to occupation we hear constantly from the u.s. and from israel that the only way that there will be peace the only way there will be two states as if that was still a possibility is between in discussions between the two parties as if they were equal we never hear that what will make possible a lasting comprehensive and just peace is the end of occupation the end of apartheid the end of israel's violations that has nothing to do with negotiations those are obligations under international law and what i think was the catalyst here is that political pressure on the man's in on the palestinian authority from their own population from their own people who were saying you know what we've had twenty one years of failed diplomacy we're not looking for twenty two we want something different and the different thing was to go to the international community to reclaim the central of the of the u.n. and the central of the of internatio
what has changed has been the continual failure of the u.s. controlled so-called peace process to lead to any kind of end to occupation we hear constantly from the u.s. and from israel that the only way that there will be peace the only way there will be two states as if that was still a possibility is between in discussions between the two parties as if they were equal we never hear that what will make possible a lasting comprehensive and just peace is the end of occupation the end of...
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Nov 30, 2012
11/12
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CNNW
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the u.s. closer to arming the rebels and is time out for bashar al assad? jim clancy is next. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem, that doesn't require routine blood monitoring. like warfarin, xarelto® is proven effective to reduce the risk of an afib-related stroke. there is limited data on how these drugs compare when warfarin is well managed. no routine blood monitoring means bob can spend his extra time however he likes. new zealand! xarelto® is just one pill a day, taken with the evening meal. and
the u.s. closer to arming the rebels and is time out for bashar al assad? jim clancy is next. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®....
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Nov 30, 2012
11/12
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CNBC
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it will last. >> the u.s. is a built out franchise area. okay? you have franchise -- >> a built out franchise area but taco bell as we know also got themselves into a different menu category to go up against the chipotles of the world. for that reason alone i think they're stealing business back you didn't expect before on higher dollar value than you would normally get. >> it comes and goes, pete. a mature business in the u.s. they'll get a bump up here and there but you can't stay. you can't go into stock for an investment case and then the investment case goes to hell in a hand basket. this one did. >> and by that dip in the quarter is why i think there is an opportunity. >> when you're only looking for 200, that is a big delta. stay away until -- >> valuations were too high. now i think they're giving an opportunity to get in. >> joe, what do you do with this? who made the more compelling argument on yum? >> i think i made the more compelling argument and it's this. it has to do with the macro call on the
it will last. >> the u.s. is a built out franchise area. okay? you have franchise -- >> a built out franchise area but taco bell as we know also got themselves into a different menu category to go up against the chipotles of the world. for that reason alone i think they're stealing business back you didn't expect before on higher dollar value than you would normally get. >> it comes and goes, pete. a mature business in the u.s. they'll get a bump up here and there but you...
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Nov 30, 2012
11/12
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FBC
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clear slap in the face to the u.s. and israel and two of only 9 companies to vote against the new palestinian resolution. 138 countries voted in favor of giving palestinian the upgraded status and what happens now? the question, are we going to give them money for this upgraded status? let's ask john boulton, former u.s. ambassador to the united nations. he joins us on the phone. it's very simple, ambassador, are we going to be paying for palestinian? >> well, i think it's going to come in very short order, this vote won't do it, but, you know, this is part of the effort by the palestinian authority over the years to pretend that it's actually a state, and to justify more assistance, i think it will try and use u.n. channels more effectively to get money and may well join other u.n. specialized agencies now that the general assembly said it's the state. ab you know, israel and the state department have tried to play down yesterday's vote, but i'm afraid unlike a lot of u.n. votes which truly are completely meaningless,
clear slap in the face to the u.s. and israel and two of only 9 companies to vote against the new palestinian resolution. 138 countries voted in favor of giving palestinian the upgraded status and what happens now? the question, are we going to give them money for this upgraded status? let's ask john boulton, former u.s. ambassador to the united nations. he joins us on the phone. it's very simple, ambassador, are we going to be paying for palestinian? >> well, i think it's going to come...
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Nov 30, 2012
11/12
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CNBC
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not in the u.s. it requires a company focused on daily deals to have a huge sales force and then incredibly dense amount of offers within a locale so that the offers you receive in your e-mails don't seem completely irrelevant. that offer density is something that is very hard for a second or third or 50th player in the space to put forth. that's why living social is cutting back trying to focus on things that are profitable. if you're the biggest which groupon is by a long shot still, they can make it work. it's not perhaps being run optimally today and i'm sure they'll try to make that change over the course of the next year, but that offer density they have it and they have the sales force and they're not shrinking in the u.s. outside of the u.s. it doesn't seem to be working. >> i'm trying to count the number of companies you have seen start up and go public and you name it. if being first and being biggest isn't enough, does that change the way startups have to think from now on? >> i think this
not in the u.s. it requires a company focused on daily deals to have a huge sales force and then incredibly dense amount of offers within a locale so that the offers you receive in your e-mails don't seem completely irrelevant. that offer density is something that is very hard for a second or third or 50th player in the space to put forth. that's why living social is cutting back trying to focus on things that are profitable. if you're the biggest which groupon is by a long shot still, they can...
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Nov 30, 2012
11/12
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FOXNEWSW
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the measure will block the transfer of detainees to u.s. soil. a day of at report identified facilities in the u.s. believed to be capable housing them. senators approved the measure, 54-41. general yak keen, jack keane, is flies to see you again. melissa: good morning, bill. bill: does this mean gitmo does not close not even in a second term or does the president come and veto this? melissa: there i think will be pressure to try to close it which doesn't make a lot of sense to me. we have enemy combatants in there as a result of a war. the frustration is the war has gone on for a long time and therefore we should do something about these detainees. we're not making the choice for the war going on a long time. the al qaeda and affiliates are making that choice. they just burned down our consulate and killed our ambassador and forced close sure of a cia base. they're protracking the war, not us. the issue is somehow is this unfair? what is to be gained by taking the enemy combatants in guantanamo and putting them with prisoners in the military or
the measure will block the transfer of detainees to u.s. soil. a day of at report identified facilities in the u.s. believed to be capable housing them. senators approved the measure, 54-41. general yak keen, jack keane, is flies to see you again. melissa: good morning, bill. bill: does this mean gitmo does not close not even in a second term or does the president come and veto this? melissa: there i think will be pressure to try to close it which doesn't make a lot of sense to me. we have...
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Nov 30, 2012
11/12
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CNBC
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they think of the u.s. being center right. and much to joe's chagrin, the u.s. is center right in an election year. fiscal cliff. >> it's fiscally center. i don't know if it's center right. >> martin, what's happening around the globe in terms of you're talking about -- >> i wish i knew because it's very mucky. it's tough. and i think clients have actually gone from looking -- >> i'm looking up the same thing. >> clients have gone from looking at annual for quarterly. i think we saw in september really rapid adjustments by clipts clients. july and august were okay. september was tough. october was better than we thought. but it's very uncertain. they're finding it very difficult to predict consumer behavior in the short term. >> and as a result they're pulling back? >> as a result they're being very cautious. so while you have the fiddling this washington and we saw that in the summer of 2011, exactly the same situation -- >> do you blame this on the fiscal cliff in part? >> it's part of it. we talk about four gray swans, eurozone, middle east, china, hard/soft
they think of the u.s. being center right. and much to joe's chagrin, the u.s. is center right in an election year. fiscal cliff. >> it's fiscally center. i don't know if it's center right. >> martin, what's happening around the globe in terms of you're talking about -- >> i wish i knew because it's very mucky. it's tough. and i think clients have actually gone from looking -- >> i'm looking up the same thing. >> clients have gone from looking at annual for...
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Nov 30, 2012
11/12
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CURRENT
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the u.s. voted against it for all of the wrong reasons, i believe, and the rebels in syria showing more and more strength and gaining more and more territory. we have a lot to talk about this morning. good to have you with us. don't forget, you can join the conversation any time at 866-55-press. on twitter@bp show on facebook facebook.com/billpressshow. and there is this great little fun thing called the chat room going on all through the next three hours. we go to current.com and click on the chat room. join other listeners on your local progressive talk radio station. talk about the issues we are talking about. there we go. team press put in a whole week. >> believe it or not. >> talking points this week. peter ogburn. >> all right. >> with sipcyprian bowlding. and he is still -- i know, you think he has spent six bucks yet. >> four bucks. i don't know. i don't know how he spent it. >> to dinner last night. >> could have bought a hot dog. can't even get a cup of coffee at starbucks. >> showi
the u.s. voted against it for all of the wrong reasons, i believe, and the rebels in syria showing more and more strength and gaining more and more territory. we have a lot to talk about this morning. good to have you with us. don't forget, you can join the conversation any time at 866-55-press. on twitter@bp show on facebook facebook.com/billpressshow. and there is this great little fun thing called the chat room going on all through the next three hours. we go to current.com and click on the...
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Nov 30, 2012
11/12
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MSNBCW
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both the u.s. and israel strongly object to the move, arguing that palestinians must first recognize israel's right to exist before gaining new rights at the u.n. >>> all right. harold, let's do "the l.a. times." >> i enjoyed watching him do it. >> i'm getting nervous. "los angeles times." a new study finds ice sheet melting in greenland and an antarctica, more than 300 billion tons of glacial ice are lost each year. the earth's sea level has risen eight inches since pre-industrialization times. >> that was a good read. you were overemphasizing a tad bit, but i like it. i'll give you some lessons. >> my posture, do i do this? >> you just want to be centered. you want to be strength, warmth, confidence is what you want to exude. you want to cluster some words so you don't bore people. >> i thought i was talking too fast. >> in my next life, i'm going to be a consultant and teach people how to truly learn how to communicate on television. >> that is great. >> you think that's what i should do? >> yes
both the u.s. and israel strongly object to the move, arguing that palestinians must first recognize israel's right to exist before gaining new rights at the u.n. >>> all right. harold, let's do "the l.a. times." >> i enjoyed watching him do it. >> i'm getting nervous. "los angeles times." a new study finds ice sheet melting in greenland and an antarctica, more than 300 billion tons of glacial ice are lost each year. the earth's sea level has risen eight...
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Nov 30, 2012
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even if the u.s. growth numbers are stronger, they might be stronger only because they're heading off the fiscal cliff. there's still more fiscal tightening to do. >> i'm just trying to get a reasonable trip to greece here. you're con founding my hopes. but thanks very much for stopping by. and i had dree adrian reminding us that the 1.30 level may be around to stay. >>> coming up a little later, what toys will kids be badgering parents for this christmas? beccy and geoff visited the fair to find out. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> welcome back. japan has finally gotten a bit of a reprieve. here are the details from korea. >> a raft of economic data out, some of it surprising toward the up side. industrial output recovering to 1.8% versus expectations of a fall of 2.2%. things a
even if the u.s. growth numbers are stronger, they might be stronger only because they're heading off the fiscal cliff. there's still more fiscal tightening to do. >> i'm just trying to get a reasonable trip to greece here. you're con founding my hopes. but thanks very much for stopping by. and i had dree adrian reminding us that the 1.30 level may be around to stay. >>> coming up a little later, what toys will kids be badgering parents for this christmas? beccy and geoff visited...
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the u.s. in eric holder are going to end up on the wrong side of history i don't know that they want that on their record. and you released a statement i think there's been reports in the media that over the last day or so that you've got a long condition but you've released a tech men saying that that's actually not the case of talk but has this shown you what would potentially happen if you did have a health scare do you think that you would be able to get treatment or you know my my particular personal condition is not not very interesting obviously this circumstance in the embassy is difficult. and a long over a long term i suppose could be very difficult but you know i've had worse problems . download the official ati application cellphone choose your language stream quality and enjoy your favorites from alzheimer's now t.v. is not required to watch on t.v. only you need is your mobile device to watch on t.v. any time. a nation free accreditation free transport charge is free the maintena
the u.s. in eric holder are going to end up on the wrong side of history i don't know that they want that on their record. and you released a statement i think there's been reports in the media that over the last day or so that you've got a long condition but you've released a tech men saying that that's actually not the case of talk but has this shown you what would potentially happen if you did have a health scare do you think that you would be able to get treatment or you know my my...
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Nov 30, 2012
11/12
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KCSM
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he trained in the u.s. previously. there were more jobs and the training was 75% cheaper than in job but he learned that more budget airlines were setting up in japan and looking for pilots. >> translator: my desire to contribute to japan's aviation industry grew stronger so i wanted to be a pilot in japan. >> reporter: he's qualified to pilot commercial airplanes up to a certain size in the u.s. but not in japan. he had to start training all over again start ing in a propeller driven aircraft. for these lessons he mays more than $125,000. many trainees have foreign licenses but in japan they too had to start from scratch. >> translator: i think you have to be really motivated to continue with this training. >> reporter: that's because getting a pilots license in japan is hard. no other country has such tough standards. candidates need detailed knowledge even of aircraft parts. airlines the world over use the same of planes so some experts say licenses issued in other countries should be valid here. the land and transp
he trained in the u.s. previously. there were more jobs and the training was 75% cheaper than in job but he learned that more budget airlines were setting up in japan and looking for pilots. >> translator: my desire to contribute to japan's aviation industry grew stronger so i wanted to be a pilot in japan. >> reporter: he's qualified to pilot commercial airplanes up to a certain size in the u.s. but not in japan. he had to start training all over again start ing in a propeller...
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Nov 30, 2012
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KQED
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is doing in the u.s. and think the company can build on its success. >> it's just the basics of good marketing, good product so that the customers have the perception of a good package, a good vehicle, at a reasonable price. >> reporter: recently, volkswagen announced plans to invest $65 billion in its nearly 100 plants worldwide, including its chattanooga, tennessee, plant, where it plans to increase production of the passat. v.w.'s browning thinks industry- wide sales could hit 15 million units here next year, if the u.s. quickly solves its budget problems. >> clearly, there's a lot of issues in terms of the fiscal cliff to be addressed, and we don't expect them to be impacting consumer confidence too heavily. but the longer those debates go on, the more uncertainty there is in the market. >> reporter: browning thinks with products like the beetle convertible, volkswagen can continue to gain traction with u.s. consumers. diane eastabrook, nbr, chicago. >> tom: tomorrow on nbr, our friday "market monitor
is doing in the u.s. and think the company can build on its success. >> it's just the basics of good marketing, good product so that the customers have the perception of a good package, a good vehicle, at a reasonable price. >> reporter: recently, volkswagen announced plans to invest $65 billion in its nearly 100 plants worldwide, including its chattanooga, tennessee, plant, where it plans to increase production of the passat. v.w.'s browning thinks industry- wide sales could hit 15...
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Nov 30, 2012
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KCSM
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lehman' a grn b >> risky speculation on the u.s. housin mkeas in septemberpa collse then, its assets have ben liquidated and notnl d.subsidiaries were present in more than 40 of hman's german unihas fouone othn 'ssss e figr yrs, aun 10ttne a bkrtc on eimehodotal fs ul basig mewhe,edris te lmaroerfid rak srt brk. wh wco bk, btay rtedndurreby soie tnk ftang wh us. >> welcome back. epitfreom i spadg si the long crh pteer tangohe see tay >> riot police moved in to break ahr-mohrotest against a me n ba ine mpy. tnse said truckloads of police aiv tov u demonsators. activists say almost 50eonjed >>heig t pte war of burma'sraitnowd rerm b ctics the latest police action show jt w sneeho rctns are. >> many of the injured were buhion otters camps under cover of night. acul pyeisard by violence. some demonstrators were stl asephethe crackdown began. >>5 nt ath m we iur a a i hoit. >> the oppositi lde rid, planning to the mine is backed by a cne fi, ef my atavset up shop in burma in recent yes. e paio h bred gring resentment among local workers
lehman' a grn b >> risky speculation on the u.s. housin mkeas in septemberpa collse then, its assets have ben liquidated and notnl d.subsidiaries were present in more than 40 of hman's german unihas fouone othn 'ssss e figr yrs, aun 10ttne a bkrtc on eimehodotal fs ul basig mewhe,edris te lmaroerfid rak srt brk. wh wco bk, btay rtedndurreby soie tnk ftang wh us. >> welcome back. epitfreom i spadg si the long crh pteer tangohe see tay >> riot police moved in to break...
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the u.s. is being major point of resistance for unionize ation wal-mart and it looks as if the toy that shifting at this point all right one more question before i do i just want to emphasize to watchers of the show fans of the kaiser report strike that debt is a fantastic global campaign where the economies of scale are being tipped in favor of those fighting against the bankers and the terrorist financial terrorists and if anyone can support this campaign please look up on the web strike that debt and get that his numbers up too many many many times and they already are because this is one of the most brilliant campaigns i've seen over the past three years now finally andrew ross you write about life and work and precious times or as you say precarious times most of the job. laws during the financial crisis were well paid with benefits while most jobs gained during the so-called recovery have been the low paid and precarious sort if you speak on that we have about thirty seconds just one cor
the u.s. is being major point of resistance for unionize ation wal-mart and it looks as if the toy that shifting at this point all right one more question before i do i just want to emphasize to watchers of the show fans of the kaiser report strike that debt is a fantastic global campaign where the economies of scale are being tipped in favor of those fighting against the bankers and the terrorist financial terrorists and if anyone can support this campaign please look up on the web strike that...
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Nov 30, 2012
11/12
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CSPAN
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in latin america, the destination for 40% of u.s. exports, we have ratified free- trade agreements with colombia and panama and are welcoming more of our neighbors, including canada and mexico, into the trans-pacific process. we think it is imperative that we continue to build an economic relationship that covers the entire hemisphere for the future. africa, which is home to seven of the world's 10 fastest- growing economy is, people are often surprised when i say that, but it is true. we are approaching africana as a continent of opportunity and a place for growth. not just a site of endless conflict and crisis. all over the world, we are turning to economic solutions for strategic challenges. for example, using new financial tools to squeeze iran's new nuclear program. stepping up commercial diplomacy, what i like to call jobs diplomacy, to boost u.s. exports, open new markets, level the playing field for our businesses. but we are building the diplomatic capacity to execute this agenda so that our diplomats are out there every sin
in latin america, the destination for 40% of u.s. exports, we have ratified free- trade agreements with colombia and panama and are welcoming more of our neighbors, including canada and mexico, into the trans-pacific process. we think it is imperative that we continue to build an economic relationship that covers the entire hemisphere for the future. africa, which is home to seven of the world's 10 fastest- growing economy is, people are often surprised when i say that, but it is true. we are...
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Nov 29, 2012
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they claim the u.s. corporations would never leave the u.s., but when anheuser-busch merge there headquarters go to europe. in the new york stock exchange merges the headquarters and at the netherlands. they simply have their head in the sand about the powerful impact of incentives on the structure of the american economy. the incentives they are providing a to tell people to live somewhere else, invest some morales, and let this -- [talking over each other] gerri: to you. what are millionaires during in britain with these tax rates? >> they have been fleeing the country in a huge exodus since the former socialist government introduced a top ratee50 percent tax which forced about 10,000 out of a total of 16,000 millionaires out of britain. as a result, of course, the british government lost billions and billions of pounds a revenue if obama is going to increase the top rate tax year in the united states nearly 40 percent you're going to see a similar effect, capital flowing out of the country, declining
they claim the u.s. corporations would never leave the u.s., but when anheuser-busch merge there headquarters go to europe. in the new york stock exchange merges the headquarters and at the netherlands. they simply have their head in the sand about the powerful impact of incentives on the structure of the american economy. the incentives they are providing a to tell people to live somewhere else, invest some morales, and let this -- [talking over each other] gerri: to you. what are millionaires...
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Nov 29, 2012
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the u.s. and several other countries plan to oppose the motion. germany and great britain will abstain, and that has caused disappointment. >> we would have preferred for the german vote to reflect public opinion that overwhelmingly supports the palestine request for upgraded status. >> germany's foreign minister describes it as a balanced and carefully considered decision and one that was not taken lightly. >> on the one hand, we see the palestinians justified desire for their own state, but on the other hand, we recognize our special responsibility to israel and for peaceful and stable development in the region. >> the palestinians are counting on a 2/3 majority to pass the vote with support from european countries like france and spain and many developing countries. >> for the very latest, let's bring in our correspondent who is standing by at the united nations in new york. what about these positions of various countries? europe is far from united. >> nobody at the united nations was surprised that europeans had -- did not have a common stand.
the u.s. and several other countries plan to oppose the motion. germany and great britain will abstain, and that has caused disappointment. >> we would have preferred for the german vote to reflect public opinion that overwhelmingly supports the palestine request for upgraded status. >> germany's foreign minister describes it as a balanced and carefully considered decision and one that was not taken lightly. >> on the one hand, we see the palestinians justified desire for...
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Nov 29, 2012
11/12
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basically, what we've seen is u.s. trial lawyers have gone to a foreign government, and they have bribed judges, they have blackmailed judges, they have ghost written expert opinions, they've ghost written court judgments. in our view, they've violated numerous laws, both in ecuador and the united states. all of it is available on videotape depositions and in e-mails because the crime fraud exception has been invoked by numerous judges in the united states. our strategy is to fight it, fight it hard. we feel we'll prevail in the end. >> i know this is a significant case, however, this is also sort of the normal for the industry, isn't it? this is the uphill battle you're fighting all the time, this hostility. >> rule of law, i would say, is the biggest risk not just to our industry but business in general. the world is becoming much more international and interconnected. it's very important that we have laws and norms that are functioning. so companies like ours and others can have a predictable and successful business
basically, what we've seen is u.s. trial lawyers have gone to a foreign government, and they have bribed judges, they have blackmailed judges, they have ghost written expert opinions, they've ghost written court judgments. in our view, they've violated numerous laws, both in ecuador and the united states. all of it is available on videotape depositions and in e-mails because the crime fraud exception has been invoked by numerous judges in the united states. our strategy is to fight it, fight it...
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Nov 29, 2012
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globally around the country think okay, despite what happens in the u.s. liz: who made that? >> europe 600. liz: some of the biggest names in europe. it is an interesting point. >> i look at copper, silver, look at the euro bought 130, we saw weakness in the dollar and the equity market right or wrong proceeds weakness in the dollar. if you want to look at oil today and next week we have some real concerns, adp on manufacturing, a chance for that to come in on the cycle of the market will pull back it will come in the middle of next week off until december 12 and the poetry election, is the question of strength and weakness looking at the economic calendar as well. liz: we will talk about the japanese parliamentary election. thanks to all of you for joining us on the floor. talk about headlines missed. the market practically hugging every word that comes out of washington whether it is president obama making comments, speaker john boehner, harry reid, the market tanks and any signs of disagreement. don't fret, next guest is here to tell you about how to behave in this atmosph
globally around the country think okay, despite what happens in the u.s. liz: who made that? >> europe 600. liz: some of the biggest names in europe. it is an interesting point. >> i look at copper, silver, look at the euro bought 130, we saw weakness in the dollar and the equity market right or wrong proceeds weakness in the dollar. if you want to look at oil today and next week we have some real concerns, adp on manufacturing, a chance for that to come in on the cycle of the...
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Nov 29, 2012
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u.s. will be the top producer, but u.s. will use a lot of oil at home and saudi arabia will produce less than united states but we will be the largest exporter. in terms of russia, the shale production increases in terms of natural gas but u.s. increase is much more than russia. so when we look at the global picture we see u.s. will be number one, followed by russia and saudi arabia. >> all right. well there you have it, bold forecast and rationale behind it. back to you. >> thank you for that, sharon epperson. >>> coming up next, it must be opposite day because there is actually some good news for rim. >>> later on the short list to buy hostess. the story like the twinkie -- hard to kill. back with it after the break. ♪ ♪ ♪ [ male announcer ] 'tis the season to discover the kid in all of us. the memories that last, start with the gifts that last. ♪ enjoy free shipping and great values on your holiday shopping from l.l.bean. [ female announcer ] today, it's not just about who lives in the white house, it's about who
u.s. will be the top producer, but u.s. will use a lot of oil at home and saudi arabia will produce less than united states but we will be the largest exporter. in terms of russia, the shale production increases in terms of natural gas but u.s. increase is much more than russia. so when we look at the global picture we see u.s. will be number one, followed by russia and saudi arabia. >> all right. well there you have it, bold forecast and rationale behind it. back to you. >> thank...
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whether the u.s. blindly backs israel or follows bibi netanyahu into a military conflict with iran i think that remains to be seen but i would say that the sanctions policies that we've seen the pressure policies some of the lack of flexibility in being able to negotiate has been driven by the influence of hawkish pro israel lobbies in congress and here in washington and that. you know for the u.s. and frankly for israel that is not a policy that is is beneficial to their interests at the end of the day we're faced with either a diplomatic resolution to this standoff or we see the escalating pressure the escalating antagonism that cannot survive indefinitely that eventually is going to reach a tipping point and whether it's deliberate or it's accidental we're going to end up in a war twenty two fifty five moscow time thanks for being with us the news that continues in full five minutes from now. wealthy british style. markets why not. find out what's really happening to the global economy with mike's
whether the u.s. blindly backs israel or follows bibi netanyahu into a military conflict with iran i think that remains to be seen but i would say that the sanctions policies that we've seen the pressure policies some of the lack of flexibility in being able to negotiate has been driven by the influence of hawkish pro israel lobbies in congress and here in washington and that. you know for the u.s. and frankly for israel that is not a policy that is is beneficial to their interests at the end...
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Nov 29, 2012
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u.s. postage for all your letters and packages. it gives you the exact amount of postage you need the instant you need it. can you print only stamps? no. first class. priority mail. certied. international. and the mailman picks it up. i don't leave the shop anymore. [ male announcer ] get a 4-week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. >> right now is 23 minutes past the hour. this is your fox news minute. it has been a week and george h. w. bush still in methodist hospital with a lingering cough. the condition is not life-threatening and doctors initially concerned the illness could turn to pneumonia, but it hasn't. u.s. embassy in cairo clothes in public services early today because of the protest going on in the city. urging u.s. citizens to avoid the area. the egyptian community votes on a new constitution today despite the power grab by president mohamed morsi. parliament members voted earlier to keep
u.s. postage for all your letters and packages. it gives you the exact amount of postage you need the instant you need it. can you print only stamps? no. first class. priority mail. certied. international. and the mailman picks it up. i don't leave the shop anymore. [ male announcer ] get a 4-week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. >> right now is 23 minutes past the hour. this is your fox news...
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Nov 29, 2012
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. >>> new positive signs on the u.s. economy to tell you about. it grew faster than expected in the third quarter. gdp expanding at an annual rate of 2.7% topping last month's estimate of 2%. our senior economics reporter steve leisman is here. what struck you about this report? i remember the day before yesterday you were saying don't expect that kind of performance in the fourth quarter. >> exactly. i'll take it. we can get to 2.7%. it is better than 2%. i don't love how we got there. big parts of that was government spending at the federal side. also you had inventories go up. what you didn't have is -- we marked down consumer spending and business spending was negative. i want to do 3%, 3.5%, 4% with strong consumer spending and strong business spending. those will be a sustainable path for the economy. >> can't let you go without a little fed speak. mr. dudley, new york fed chief, speaking this morning. >> some important comments. hurricane sandy was directly in his district so he made some comments about it. he said that the damage was worse
. >>> new positive signs on the u.s. economy to tell you about. it grew faster than expected in the third quarter. gdp expanding at an annual rate of 2.7% topping last month's estimate of 2%. our senior economics reporter steve leisman is here. what struck you about this report? i remember the day before yesterday you were saying don't expect that kind of performance in the fourth quarter. >> exactly. i'll take it. we can get to 2.7%. it is better than 2%. i don't love how we got...
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Nov 29, 2012
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we're very focused here in the u.s. on u.s. relations and trade with other countries, but trade is now happening, south-south trade, you have malaysia and new year's trading aggressively across the south region with brazil. i think the growth in the emerging world is not to be missed. but a good way to play it is through u.s. nationals. they can benefit from some incredible effect know logical things happens. 3-d printing is phenomenal. but you have technological advances that are going to allow countries as i said thailand, the philippines, indonesia, brazil continuing to develop their domestic economies. >> what do you say to a client or buddy who says your stock portfolio makes sense you may want to buy some art. >> if the orld's largest economies are weakening their -- so i think art and real estate in some areas does make sense. art starts to be an investment that isn't for everyone, right, because it's not super liquids and you have to really understand what you're buying. you can also get killed in those environments. >>
we're very focused here in the u.s. on u.s. relations and trade with other countries, but trade is now happening, south-south trade, you have malaysia and new year's trading aggressively across the south region with brazil. i think the growth in the emerging world is not to be missed. but a good way to play it is through u.s. nationals. they can benefit from some incredible effect know logical things happens. 3-d printing is phenomenal. but you have technological advances that are going to...
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Nov 29, 2012
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honda motor plans to boost production capacity at its two u.s. plants next year. it says its factory in mexico now under construction should be ready for operation in 2014. the automakers say china remains an important market for them but they also need to quickly cultivate new demand outside china. >>> top officials in south korea are trying to stay a few moves ahead of the reclusive and unpredictable neighbor. they want to stop north korean authorities from possibly launching a long-range missile, and so they've turned to china for help because it has a strong influence over the north. south korea's chief negotiator on north korea's nuclear development is visiting beijing. lim sung-nam will meet with senior chinese officials inwuding wu dawei. he's the chair of the six-party talks on north's nuclear program. >> translator: we will discuss the latest situation on the korean peninsula. i hope to build closer ties with china. >> lim's visit comes nearly a week after an american satellite imagery firm tsunamied a photo showing activity at a missile launch site in no
honda motor plans to boost production capacity at its two u.s. plants next year. it says its factory in mexico now under construction should be ready for operation in 2014. the automakers say china remains an important market for them but they also need to quickly cultivate new demand outside china. >>> top officials in south korea are trying to stay a few moves ahead of the reclusive and unpredictable neighbor. they want to stop north korean authorities from possibly launching a...
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Nov 29, 2012
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the u.s. chamber of commerce has endorsed the extension. as well as the governors' wind energy coalition, the national governors' association, and the american farm bureau federal reagan administration number among the other groups that support this extension. think of it this way: wind energy is made-in-america energy that bolsters the united states manufacturing and puts us on the path to energy independence. so i urge my colleagues, i ask my colleagues of both parties to stand with me and stand up for american manufacturing and made-in-america energy. our wind energy industry and our energy security are depending on it. we need to extend the p.t.c. as soon as possible. it's that simple, mr. president. the p.t.c. equals jobs. let's pass it as soon as possible. mr. president, thank you. with that, i yield the floor, and i note the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: quorum call: a senator: mr. president? the presiding officer: the senator from rhode island. reed i ask -- mr. reed: i ask th
the u.s. chamber of commerce has endorsed the extension. as well as the governors' wind energy coalition, the national governors' association, and the american farm bureau federal reagan administration number among the other groups that support this extension. think of it this way: wind energy is made-in-america energy that bolsters the united states manufacturing and puts us on the path to energy independence. so i urge my colleagues, i ask my colleagues of both parties to stand with me and...
SFGTV2: San Francisco Government Television
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Nov 29, 2012
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could, i think the perspective i could offer would be more useful in that is really putting what the u.s. is doing, california is doing in a more global perspective. because what one sees around the world is a growing number of countries that are choosing to decriminalize the possession of all drugs, when the proposals now are merging -- new jersey did this a few years ago in a small way, colombia, argentina, ecuador, guatemala, some with right wing governments, very tough on crime, and in europe, similarly. it's not generally the standards to be putting people behind bars for a possession of any drug in small amounts for one's own personal use. and perhaps the paramount example of success in this regard is portugal. portugal 11 years ago decriminalized the possession of all drugs in personal use amounts. drug selling is illegal and you can still be arrested for that. they began doing evaluations a few years ago. you do not go to jail for possession of any drug in a small amount. and you are not drug tested. nobody gets thrown back in for dirty urines and all this sort of stuff. it's now
could, i think the perspective i could offer would be more useful in that is really putting what the u.s. is doing, california is doing in a more global perspective. because what one sees around the world is a growing number of countries that are choosing to decriminalize the possession of all drugs, when the proposals now are merging -- new jersey did this a few years ago in a small way, colombia, argentina, ecuador, guatemala, some with right wing governments, very tough on crime, and in...
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despite firm opposition from the u.s. and israel which claimed the status upgrade won't improve life for the autonomy. unrelenting protests in egypt as christians and liberals boycott the vote on a new constitution fearing that document will only cement the president and the muslim brotherhood's grip on power. around nine feels the bailout hate with media and lawmakers blasting chancellor merkel for concealing the true cost of saving grace. and i welcome you watching r.t. live from moscow now it's crunch time for palestinians eagerly anticipating a u.n. vote which may finally see them granted long sought after statehood the autonomy is hoping to be upgraded to the position of non member observer state hundreds of people flooded the streets of ramallah in support of the bid submitted by authorities in the west bank the palestinian leadership is optimistic about the outcome despite strong opposition from the u.s. and israel gaza based activist harry fear reports on why success at the u.n. is so important for palestinians. t
despite firm opposition from the u.s. and israel which claimed the status upgrade won't improve life for the autonomy. unrelenting protests in egypt as christians and liberals boycott the vote on a new constitution fearing that document will only cement the president and the muslim brotherhood's grip on power. around nine feels the bailout hate with media and lawmakers blasting chancellor merkel for concealing the true cost of saving grace. and i welcome you watching r.t. live from moscow now...
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Nov 29, 2012
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KTVU
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a u.s. attorney is charging the former president of massey energy with conspiring with other company officals to order workers to break safety rules. a tragic factory fire in bangladesh is putting a spotlight on dangerous working conditions. saturday, a fire at a bangladesh clothing factory killed 112 people. its the worst industrial fire in the country's history. however, it's been public knowledge for a while that working conditions in the country are highly unsafe. bangladesh is a major exporter for the garment industry in europe and the u.s. the associated press reports the factory had orders in from companies including walmart, disney, and sears. police have arrested 3 supervisors of the factory for negligence. high-speed trading firm getco is offering to buy troubled knight capital. knight shares jumped on word getco may pay around $1 billion for knight. getco values knight shares at $3.50, which is 41% higher than where the stock closed friday. last august, knight capital sent out err
a u.s. attorney is charging the former president of massey energy with conspiring with other company officals to order workers to break safety rules. a tragic factory fire in bangladesh is putting a spotlight on dangerous working conditions. saturday, a fire at a bangladesh clothing factory killed 112 people. its the worst industrial fire in the country's history. however, it's been public knowledge for a while that working conditions in the country are highly unsafe. bangladesh is a major...
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u.s. equity futures at this hour actually higher. up by about 65 for the dow, s&p more than 7, and as joe mentioned, the fiscal cliff is still the focus. today treasury secretary tim geithner will be meeting with congressional leaders. first harry reid at about 10:00 and then followed by a session with john boehner, eric cantor, paul ryan and chairman of the house's tax writing ways and means committee dave camp. also lunch with republican senate minority leader mitch mcconnell and nancy pelosi. yesterday a number of high profile corporate leaders met with president obama at the white house, including lloyd blankfein. >> both sides have acknowledge there had is revenue concessions and entitlement concessions. in fact if you listen to it, again, i'm not a master of the political art here, but i would say if you have these point of views in a business context, i would say a deal would be in reach. >> among our guests this morning, we have ron johnson. at the white house today, president obama will host mitt romney for a private lunch.
u.s. equity futures at this hour actually higher. up by about 65 for the dow, s&p more than 7, and as joe mentioned, the fiscal cliff is still the focus. today treasury secretary tim geithner will be meeting with congressional leaders. first harry reid at about 10:00 and then followed by a session with john boehner, eric cantor, paul ryan and chairman of the house's tax writing ways and means committee dave camp. also lunch with republican senate minority leader mitch mcconnell and nancy...
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save later. >> brian: in a few weeks u.s. home owners could be facing devastation if the tax is allowed to expire. bob massi has been pressing through this crucial issue for months. >> it expires at the ends of this year action don't forget to call your representatives, united states representatives to tell them they must extend the mortgage relief act because it could be devastating to our whole country in real estate. >> brian: i love that guy. when massey reached out to his local congressman, he got a cut in paste response. i have co-sponsored legislation to extend the mortgage debt relief act. so are we really on the brink of a housing disaster? bob massi, how close are we to getting it renewed or collapsed? >> stuck in the ways and means committee now, brian. they've got as they always do with these bills, attached to other bills, talk to them the other day. again, they're still a big fight going on in this extension. as i think it will show, last week 43 of the attorney generals in this country wrote a letter saying exa
save later. >> brian: in a few weeks u.s. home owners could be facing devastation if the tax is allowed to expire. bob massi has been pressing through this crucial issue for months. >> it expires at the ends of this year action don't forget to call your representatives, united states representatives to tell them they must extend the mortgage relief act because it could be devastating to our whole country in real estate. >> brian: i love that guy. when massey reached out to his...
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MSNBCW
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compare that number to the rest of the world, suddenly the u.s. economy is looking pretty damn good by comparison to other countries. >> it actually feels like the economy is gathering steam. these kind of revisions help you feel that way. sandy is an aberration in the unemployment numbers as brian said. essentially we look at housing, consumer spending. the economy is on a pretty good track. the question is whether we go over the cliff at the end. >> joe, i just will say, there's kind of an underlying sense that if we get the right deal -- and i think all of us sort of know what that includes, that we are kind of spring-loaded for serious growth. the consumers have already spoken in terms of holiday seals. i'm not saying 3.5% or 4%, but if we get a deal, there's optimism we'll see serious growth. >> what's the feeling in your world about whether we'll get a deal? i would say in my world in washington people are pretty pessimistic. seems like in your world they're more optimistic. >> we go by what the tape says. the tape yesterday was green. there
compare that number to the rest of the world, suddenly the u.s. economy is looking pretty damn good by comparison to other countries. >> it actually feels like the economy is gathering steam. these kind of revisions help you feel that way. sandy is an aberration in the unemployment numbers as brian said. essentially we look at housing, consumer spending. the economy is on a pretty good track. the question is whether we go over the cliff at the end. >> joe, i just will say, there's...
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u.s. yesterday. take a look at the bond wall here of course we have an italian auction coming up later and italy's ten year, below 4.5% this morning. so price rising. that yield falling. spain also benefiting. that yield down to 5.2%. bunds creeping back up to 1.4% level. let's key in on currency. the aussie dollar despite the broader risk-on attitude a weaker. dollar-yen moving higher 82.13. and the nikkei is adding to its string of gains throughout the month. euro-dollar rebounding off yesterday's trading session to add 0.1%. let's check in on how the asia trading session went overnight and for more, deidre wong morris joins us from singapore. >> well, it was a very good session over here, as well. headline driven. but a good session on the back of that optimism for fiscal cliff talk. all except this glaring spot of red. shanghai composite finishing lower for yet another session. it keeps falling further and further. doesn't seem that there is anything that policymakers or investors can
u.s. yesterday. take a look at the bond wall here of course we have an italian auction coming up later and italy's ten year, below 4.5% this morning. so price rising. that yield falling. spain also benefiting. that yield down to 5.2%. bunds creeping back up to 1.4% level. let's key in on currency. the aussie dollar despite the broader risk-on attitude a weaker. dollar-yen moving higher 82.13. and the nikkei is adding to its string of gains throughout the month. euro-dollar rebounding off...